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Tariffs do not cause inflation

— Scott Bessent

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More quotes by Scott Bessent

Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.

Access to cheap goods is not the essence of the American Dream.

This idea that Trump is inflationary is absurd.

Tariffs can’t be inflationary because if the price of one thing goes up, unless you give people more money, then they have less money to spend on the other thing, so there is no inflation.

Tariffs are inflationary and would strengthen the dollar.

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Attribution

Quote text and notes from Wikiquote: Scott Bessent (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.